Plug Power(US:PLUG) TMX Newsfile·2026-02-10 18:18Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Plug Power Inc. securities during the specified Class Period, indicating potential legal issues for the company related to misleading statements made by its defendants [1][5]. Group 1: Class Action Details - The class action lawsuit is on behalf of investors who purchased Plug Power securities between January 17, 2025, and November 13, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors must act by April 3, 2026, if they wish to serve as lead plaintiff [1][3]. Group 2: Allegations Against Plug Power - The lawsuit alleges that defendants made false and misleading statements regarding the likelihood of funds from the U.S. Department of Energy's Loan being available to Plug Power [5]. - It is claimed that Plug Power was likely to pivot towards less ambitious projects, which would have less commercial upside [5]. - The lawsuit asserts that the public statements made by Plug Power were materially false and misleading throughout the Class Period, leading to investor damages when the truth was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing investor rights [4].